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Impact of recession on textile sector in India
The 2008 recession was another defining moment in the life of Indian textile industry, and a study by Rajan Nagpal & Ronak Agarwal reveals the effect of the slowdown on the return on equity % and the profit margin % of the major textile firms following that period.
Nonwoven potential huge: ITTA meet
In spite of slowdown in nonwovens, following general economy, the global per capita consumption is expected to grow from 1 kg to 2011 to 2 kg by 2025. And nonwoven and nonwoven-based products find wide applications in personal & healthcare, infrastructure, air & water purification and mobility.
ITTA to take up EPC role for tech textiles
The technical textile industry in India is seriously getting down to business; first, the membership of the Indian Technical Textile Association (ITTA) has gone up by 48 to over 240, and there are signs of more coming in in the days to come.
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